Panel topics include FinTech, Consumer Protection, Regulatory Impact on Community Banks, Cyber Security and Regulatory Impact on the Life of an In-House Counsel, according to organizers. This event is free and open to the public. The North Carolina Bar Association has approved 6.25 hours of Continuing Legal Education (CLE) credit and lunch will be provided. However, attendees are encourage to register here to help accommodate all guests for parking. Attendees may park in the W1 and W2 lots found here on this parking map.

The symposium will bring together leading scholars and professionals to discuss current and future issues amid the financial industry. Technology’s impact on banking operations and regulatory compliance, regulatory challenges for community banks and issues relating to data security and cyber security measures are just a few topics among the many lines of inquiry the Wake Forest Journal of Business and Intellectual Property Law will explore.

The panel will focus on what constitutes cyber security, a cyber incident and breach. The panel will then discuss the legal issues that arise once a breach has been detected, like the notification requirements. Further, the panel will examine insurance — why it is needed and its pitfalls. Finally, the panelists will address law enforcement’s role when a breach is detected.

FinTech

The panel will focus on FinTech companies in the banking industry and how technology has become a key part of the industry. The panel will then address compliance issues, specifically using technology in regulatory compliance and risk management and public policy issues regarding the use of technology. The panel will discuss the legal implications with FinTech companies; these companies’ legal requirements and how the relationship between banks and FinTech companies are governed. The panel then examines future legal issues that may arise, like contract regulation. Finally, the panel will discuss rules for FinTech startups and how the rules may develop.

Life of an In-House Counsel

This panel will discuss their experience as in-house counsel, focusing on the issues that arise when working as in-house counsel. Also, the panel will discuss the impact of regulations on the life of an in-house bank lawyer.

Regulatory Impact on Community Banks

This panel will discuss the community banking model and whether it is still viable with the compliance requirements and what is needed to ensure its survival. The panel will also examine community banking and the FDIC; specifically why the FDIC board needs members who are pro-community banking and, if that were to occur, its impacts. The panel will then address succession planning in community banks and consolidation of community banks.

Consumer Protection

This panel will discuss the Consumer Financial Protection Bureau; specifically where the CFPB has succeeded, the challenges it has faced and may face in the future, and general information about the rulemaking function of the CFPB. The panel will also discuss litigation regarding consumer protection and predatory lending. Additionally, the panel will address state efforts before the financial crisis, the importance of state involvement in consumer protection, and preemption issues.